NTT Data outlined plans to demonstrate a new Supply Chain platform that leverages blockchain and IoT. To implement the project NTT partnered with the New Energy and Industrial Technology Development Organization (NEDO). From January to March 2019 the demonstration will run at ports exporting containers to North America and Asia. The aim is to go into production by March 2020.
The project
plans to improve productivity and shorten lead times for processing export documentation. NEDO is also targeting non-digitized businesses. Much like the
IBM-Maersk container venture, the supply chain project will involve a wide range of organizations: importers, exporters, forwarders, customs companies, land transportation, terminal operators, shipping companies, banks, and insurance.
In 2016 NTT started experimenting with supply chain blockchains and last year formed a consortium of thirteen companies. This includes three container companies Kawasaki Kisen Corporation, MOL, and NYK Line. However, the three companies combined have roughly a third of the capacity of Maersk.
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